City Council launches new grants scheme for Newport businesses


 The new City of Newport Business Grants scheme has been launched today.

Grants are now available from Newport City Council for start-ups and existing businesses operating in the city.

The Newport City Council Business Support Fund has a general aim of stimulating economic development in the city.

Eligibility and conditions reflect current strategic objectives for the local economy, as set forth in the council’s Economic Growth Strategy.

The Fund offers direct financial support to new or existing SMEs in the form of small grants.

Grants offered to eligible businesses can support towards costs such as rent, the purchase of equipment, etc.

The amount awarded depends on the type of project and is entirely discretionary.

You can find out more here.